Outgoing AOL Time Warner Inc. Vice Chairman Ted Turner sold more than 5 million additional shares of the company's common stock on Monday, according to a regulatory filing. Turner now directly owns 107.2 million common shares and indirectly 10.6 million common shares, including 7.8 million through Turner Partners. Shares of New York-based AOL Time Warner were up 47 cents to $10.74 on the NYSE.

Foothill Group Inc., a financial services concern with executive offices in Agoura Hills and Los Angeles, said it plans to offer 3 million additional common shares to the public. Foothill, which has interests in commercial and real estate lending, has about 10 million total common shares outstanding. The pending offering is being managed by Mabon Securities Corp. and Stephens Inc.